Seeking Alpha

Fossil (FOSL +7.1%) shares bounce strongly after an early drop following Q4 results that...

Fossil (FOSL +7.1%) shares bounce strongly after an early drop following Q4 results that exceeded EPS estimates but missed on revenues. Investors decide they like the outlook for EPS of $5.40-$5.50 FY2012 and $0.90-$0.92 Q1, and 15% revenue gains for both the quarter and year, which implies $2.96B in FY2012 and $617.3M in Q1.
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